Bahrain fund Mumtalakat plans no bonds in 2014, to pay off small loan

Bahraini sovereign fund Mumtalakat has no current plans to tap the debt capital markets in 2014 and will pay off a small loan facility due later in the year, its chief executive said on Tuesday.
One of the smaller sovereign wealth funds in the Gulf region, Mumtalakat had $7.1 billion of assets under management at the end of September. It holds stakes in 40 firms in the kingdom’s non-oil sector, including Bahrain Telecommunications Co (Batelco) and Aluminium Bahrain (Alba)………………………………………..Full Article: Source